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Business

Samsung Faces Massive $601 Million Tax Penalty in India Over Telecom Imports Dispute

India demands $601 million from Samsung over alleged tariff evasion on telecom imports, impacting its net profit. Samsung disputes the claims, planning legal action.

Business

Mitsubishi and JFE Forge Ahead with a Groundbreaking AI Data Center in Kawasaki

Mitsubishi Corp. and JFE Holdings Inc. are collaborating on a cutting-edge data center in Kawasaki, Japan, with an investment of up to ¥150 billion. The facility, featuring high-pe...

Business

Meta Introduces Up to €13 Monthly Fee for Ad-Free Facebook and Instagram in Europe

Meta Platforms Inc. plans to offer European users a choice between free, ad-supported versions of Facebook and Instagram or a paid, ad-free experience, with fees up to €13 on mobil...

Business

Shell Announces Major Shift: Boosting Shareholder Payouts and Slashing Expenditures

Shell plc announces a strategic increase in shareholder distributions to 40-50% of cash flow, alongside a commitment to cut spending and boost efficiency, aiming for leadership in ...

Business

Meta Eyes European Market with Up to €13 Monthly Fee for Ad-Free Facebook and Instagram Experience

Meta Platforms Inc. plans to introduce a monthly subscription fee for ad-free Facebook and Instagram in Europe, with prices up to €13 on mobile devices, following EU privacy regula...

Business

Shell Announces Major Financial Strategy Shift: Boosting Shareholder Returns and Cutting Costs

Shell plc announces a strategic shift to increase shareholder distributions to 40-50% of cash flow from operations, maintain progressive dividends, and cut spending to $20-22 billi...

Business

Oakridge Bengaluru's Innovative Approach to Education Earns Students Early Admission to Elite Global Universities

Oakridge International School Bengaluru's holistic IB curriculum has empowered its Class of 2025 to receive early offers from top global universities, showcasing the school's commi...

Business

India's Banking Revolution: Simplified Process to Reclaim Over Rs 78,000 Crore in Unclaimed Deposits

India's banks are introducing a simplified process to help reclaim over Rs 78,000 crore in unclaimed deposits, following new RBI guidelines. This includes standardized forms and an...